The Determinants of Investment in Islamic Sukuk: A Study of Libyan Investors

Abdullah Mohammed Awn; Dr. S. M. Ferdous Azam

Abstract: The study intends to examine the determinants of investment on Islamic Sukuk using the theory of planned behavior. A structured questionnaire was issued to a sample of 309 Libyan bank customers. The data was analyzed using SPSS and PLS-SEM. The findings indicate that attitudes toward investment have a significant positive influenced on intention and perceived control over investment, while subjective pressure from ‘Ulamaa’ have a significant positive influence on both attitude towards investment and perceived control over investment. Correspondingly, perceived control over investment impacted positively on intention and investment in Islamic Sukuk. However, Subjective pressure from Ulamaa has a negative impact on intention while intention failed to influence investment in Islamic Sukuk.

FULL TEXT PDF 1-11 ] DOI: 10.30566/ijo-bs/2020.12

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